Now Available: Singapore Infrastructure Report Q2 2014
As expected, Singapore's construction sector in 2013 appears to have grown at the slowest pace since 2010. Despite this bearish performance, we believe that the outlook for Singapore's construction sector for 2014 has improved and have revised up our forecasts accordingly. This improving outlook is primarily due to resilience in private sector investment, particularly in the residential and non-residential building sector. We also highlight that contract awards in the infrastructure sector could reach recordhighs in 2014. However, we do not...
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